Foraco International Balance Sheet Health
Financial Health criteria checks 5/6
Foraco International has a total shareholder equity of $98.1M and total debt of $89.8M, which brings its debt-to-equity ratio to 91.6%. Its total assets and total liabilities are $279.7M and $181.7M respectively. Foraco International's EBIT is $66.7M making its interest coverage ratio 4.7. It has cash and short-term investments of $34.3M.
Key information
91.6%
Debt to equity ratio
US$89.77m
Debt
Interest coverage ratio | 4.7x |
Cash | US$34.29m |
Equity | US$98.06m |
Total liabilities | US$181.67m |
Total assets | US$279.73m |
Recent financial health updates
We Think Foraco International (TSE:FAR) Can Stay On Top Of Its Debt
Aug 28Is Foraco International (TSE:FAR) A Risky Investment?
Jan 04Here's Why Foraco International (TSE:FAR) Can Manage Its Debt Responsibly
Feb 04Foraco International (TSE:FAR) Takes On Some Risk With Its Use Of Debt
Jul 09Recent updates
Foraco International SA (TSE:FAR) Stock Rockets 31% But Many Are Still Ignoring The Company
Jan 18We Ran A Stock Scan For Earnings Growth And Foraco International (TSE:FAR) Passed With Ease
Jan 16We Think Foraco International (TSE:FAR) Can Stay On Top Of Its Debt
Aug 28Estimating The Fair Value Of Foraco International SA (TSE:FAR)
Mar 25Is Foraco International (TSE:FAR) A Risky Investment?
Jan 04Why We Like The Returns At Foraco International (TSE:FAR)
Dec 08Here's Why Foraco International (TSE:FAR) Has Caught The Eye Of Investors
Oct 12There's Been No Shortage Of Growth Recently For Foraco International's (TSE:FAR) Returns On Capital
Jun 17Here's Why Foraco International (TSE:FAR) Can Manage Its Debt Responsibly
Feb 04Should You Be Adding Foraco International (TSE:FAR) To Your Watchlist Today?
Dec 17Here's Why I Think Foraco International (TSE:FAR) Might Deserve Your Attention Today
Aug 31Foraco International (TSE:FAR) Takes On Some Risk With Its Use Of Debt
Jul 09Is Now The Time To Put Foraco International (TSE:FAR) On Your Watchlist?
May 17Foraco International (TSE:FAR) Is Doing The Right Things To Multiply Its Share Price
Apr 02Foraco International SA's (TSE:FAR) Price Is Right But Growth Is Lacking
Mar 15A Closer Look At Foraco International SA's (TSE:FAR) Impressive ROE
Feb 18Our Take On Foraco International's (TSE:FAR) CEO Salary
Dec 28Financial Position Analysis
Short Term Liabilities: FAR's short term assets ($142.3M) exceed its short term liabilities ($95.3M).
Long Term Liabilities: FAR's short term assets ($142.3M) exceed its long term liabilities ($86.4M).
Debt to Equity History and Analysis
Debt Level: FAR's net debt to equity ratio (56.6%) is considered high.
Reducing Debt: FAR's debt to equity ratio has reduced from 346.7% to 91.6% over the past 5 years.
Debt Coverage: FAR's debt is well covered by operating cash flow (61.5%).
Interest Coverage: FAR's interest payments on its debt are well covered by EBIT (4.7x coverage).